Our Vision
Touchstone’s business strategy is centered around driving production growth, profitability and corporate responsibility in the Trinidad energy industry. We have a simple vision – to be the industry leader in Trinidad’s energy industry with a clear path to achieving:
1. Growth opportunities in Trinidad
We see significant growth opportunity for Touchstone and the Trinidad oil and gas industry. Touchstone has outlined a clear strategy to increase our production in Trinidad through:
- Further development at Coho and Cascadura fields;
- Focus on exploration prospects near existing infrastructure;
- Acquiring additional exploration assets; and
- Mergers and acquisitions.
2. Fiscal responsibility
- Prudent management of the balance sheet;
- Rigorous cost control, striving to optimize operational efficiencies and reduce costs;
- Targeting significant growth in our cash flows from operations; and
- Fixed-price gas contract, which provides stable funding for future capital projects.
3. Responsible acquisition strategy
- Continuolusly evaluating the potential of value-accretive mergers and acquisitions.
4. Leading by example as a responsible operator
We strive to be an industry leader in minimizing the environmental impacts of our operations. As a “Trinidad Champion” we drive significant social and economic growth within the communities we operate:
- Our workforce is predominantly Trinidadian;
- Investing in the country through various initiatives (see more in Sustainability); and
- Revenue generated from our operations is invested back into Trinidad.